Unsurprisingly, with the Fed moving closer to its first rate hike since 2006 and the ECB set to announce more stimulus in December, many observers are stating that the only way for the USD is up. Perhaps they are right. However, more USD strength should not be taken for granted.

Technological progress usually goes hand in hand with a fear that jobs will disappear. However, as yet there is no irrefutable evidence that technological progress has reduced the overall number of jobs, at least not from a long-term perspective. Will things be different this time around?

In January, interest rates and the dollar were the key players on financial markets, with equity markets closely monitoring the movements of both. Our expert, Johan Gallopyn, outlines the main trends on the equity, bond and currency markets over the past month.

In this blogpost we try to assess levels and movements of foreign-exchange markets, against a backdrop of macro-economic fundamentals. We try to avoid attempts to make big directional predictions, and prefer to balance out the different macro-economic factors affecting exchange-rates.

The annual symposium in Wyoming looks set to attract a great deal of attention again as hot economic issues and policy options are being fiercely debated among experts. Against this background, we have updated our view on central bank policy.